Settings8H · net · $10k
Funding arb · Price arb /

PHA

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0036%/8h= −3.9% APRnext payment $0.18 per $10,000 · paid last 24h +0.088%
Price spread now: Variational Omni against BloFin+0.013%101s7-day average −0.056% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.110%+$11 on $10k
Price spread, last 3 days (all we have)+0.029%+$3 · spread now +0.013%, 7d avg −0.056%
Together, before fees+0.139%+ Points / potential airdropVariational Omni: Active · farm board+$14 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.069% dearer against BloFin than usual: you sell high and buy low (spread +0.013% now, against its 7-day average of −0.056%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.4 days. Mind the row above: over the last 3 days funding on this pair paid +0.110%, so the current rate has only just turned against you. The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin PHA-USDT0.051580.0136pay 0.0068% / 4h3h 09m$392K$683K50x
ShortVariational Omni PHA0.051590.0100get 0.0050% / 4h3h 09m$166K$403K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against BloFin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$7.47
Price spread: +0.013% → −0.056%
$6.86
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$12.61
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 62 min ago; Variational Omni: RFQ quote, 64 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 62 min ago2.01 bp19.1 bp −$1948.0 bp −$480doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 64 min ago8.10 bpdoesn't fit287.5 bp −$2,875doesn't fitdoesn't fit

PHA on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster PHAUSDT+0.0100%4h0.05177+0.377%$16K$901K5xas long as short
Binance PHAUSDT+0.0100%4h0.05168+0.194%$6.0M$191.2M50xas long as short
Gate PHA_USDT+0.0100%4h0.05172+0.271%$377K$4.9M25xas long as short
MEXC PHA_USDT+0.0100%4h0.05166+0.155%$1.8M$8.7M50xas long as short
KuCoin PHAUSDTM+0.0100%4h0.05164+0.116%$459K$4.1M30xas long as short
Bitget PHAUSDT+0.0100%4h0.05168+0.194%$1.5M$20.5M50xas long as short
Variational Omni PHAshort+0.0100%4h0.05159+0.013%$166K$403K
BingX PHA-USDT+0.0104%4h0.05175+0.330%$3.4Mas long as short
BloFin PHA-USDTlong+0.0136%4h0.05158long leg$392K$683K50x
Bybit PHAUSDT+0.0262%4h0.05169+0.213%$2.2M$23.2M20xas long as short